Industry Insights
IG Group launches IG Prime to serve the needs of Institutional clients in the prime brokerage market
More news about: IG Asia Pte Ltd
April 2, 2020
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Family Office News
Announcements
Meet Rebekah Neumann: Insiders describe the spiritual, strategic mastermind who was the driving force behind WeWork and her husband, Adam Neumann
Rebekah and Adam Neumann cofounded WeWork. After the startup’s downfall last summer, and Adam’s departure as CEO, the pair moved to Isr…
April 2, 2020
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Announcements
Greg Fleming’s Rockefeller Capital is building up its Washington presence by luring junior talent and veteran advisers from the biggest wealth managers
Rockefeller Capital Management is building up its Washington, DC, presence. The firm on Monday said Laura Pennington, who was previousl…
April 2, 2020
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Announcements
Hedge funds are reportedly reducing ties with the family that owns opioid-maker Purdue Pharma
DeepCurrents Investment Group LLC and Sunriver Management LLC are reducing financial ties with the Sackler family, The Wall Street Jour…
April 2, 2020
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Announcements
CULTIVATED: Why investors love Flowhub, cannabis industry layoffs, and more
Welcome to Cultivated, our weekly newsletter where we’re bringing you an inside look at the deals, trends, and personalities driving the…
April 2, 2020
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Announcements
A drunken late-night assault allegation has roiled the secretive world of Mark Zuckerberg’s private family office. Personal aides are speaking out about claims that household staff endured sexual harassment and racism from their colleagues.
Over the past three years, multiple personal aides to Mark Zuckerberg and Priscilla Chan have been accused of serious misconduct by the…
April 2, 2020
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Announcements
The tide has turned against WeWork after it misjudged appetite for an IPO — now its trouble is deepening. Here’s everything that’s going on inside the coworking giant.
WeWork pulled its IPO in 2019 after mulling a massive valuation cut to drum up investor interest, and cofounder Adam Neumann was ousted…
April 2, 2020
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Family Offices
The first family of Facebook, the most important charts in the world, and fintech dealmaking
Hello! One minute before midnight on December 29, 2017, one of Mark Zuckerberg’s personal staffers got a phone call. So starts an explos…
April 2, 2020
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Announcements
Days after laying off 20% of its workforce, Brookfield-backed Convene furloughs more than half of remaining employees due to coronavirus closures
Convene, the Brookfield-backed shared-spaces company, furloughed 421 employees on Monday, Business Insider has learned. This comes days…
April 2, 2020
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Investment
Billionaire investor Steve Cohen is reportedly raising money for a new fund designed to invest in private companies
Billionaire investor Steve Cohen is stepping outside the hedge fund industry and creating a private-markets fund, The Wall Street Journ…
April 2, 2020
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